United Technologies Corp.’s Carrier unit says it has acquired a controlling interest in China’s Shandong Fuerda Air Conditioner Equipment Co. Ltd.
United Technologies Corp. posted a 19 percent jump in its second-quarter profit on Wednesday, citing strong orders for its heating and cooling building systems and exports that got a lift from a weaker dollar.
The chief executive of United Technologies Corp. says rising commodity prices and supply chain disruptions in Japan are causing some concerns, but sales are rising and the weak dollar is boosting the conglomerate’s exports.
Hartford-based United Technologies Corp. says its first-quarter profit jumped 17 percent.
Carrier Corp. said Tuesday it has agreed to sell its unit that makes air conditioners for buses in the United States and Canada to Mobile Climate Control.
United Technologies Corp. is raising the lower end of its profit guidance for 2011, saying its elevator and heating and air conditioning businesses are doing well in the economic recovery.
By STEPHEN SINGER, AP Business Writer HARTFORD, Conn. (AP) _ United Technologies Corp. gave its chief executive total compensation of $19.5 million in 2010, up 9 percent from the previous year. The Hartford-based conglomerate paid […]
An executive of United Technologies Corp. says the conglomerate is more optimistic about the wind power business it recently entered than fuel cell technology that has been among its businesses for years.
The chief financial officer of United Technologies Corp. says doing business outside Connecticut has helped keep down costs.
Stronger results from United Technologies Corp.’s airline business and heating and cooling building systems operations helped push its profit up 11.7 percent for the fourth quarter.